For Sale
$5,444,621

3921 Stadium Blvd Jonesboro, AR 72404

Arkansas Auto Shop: 15-Year NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a brand-new, 16,100-square-foot Class A auto shop in Jonesboro, Arkansas. Built in 2025, the property boasts a 15.6-year absolute net lease with Caliber Collision, the nation's largest collision repair provider, backed by a corporate guarantee. The lease features a 10% rent increase every five years, ensuring consistent income growth. Situated on a 2.09-acre lot at 3921 Stadium Blvd, Jonesboro, AR 72404, this property benefits from its strategic location near numerous auto dealerships, service centers, Arkansas State University, and Jonesboro Municipal Airport. The property's strong location within an industrial corridor and near a large employee base contributes to its high potential for return. The current Net Operating Income (NOI) is $359,345, yielding a 6.60% cap rate, and the asking price is $5,444,621. This investment offers significant tax benefits through accelerated depreciation and cost segregation. The property's strong tenant, long-term lease, and favorable location make it an attractive addition to any portfolio. The property is zoned for retail use and functions as both an auto shop and storefront.

Property Details for 3921 Stadium Blvd

Property type
Retail properties, Retail space
Square Feet
16,100 SF
Class
A
Year Built
2025
Lot Size (sq. ft)
91,040 SF

Location Insight

City
Jonesboro
County
Craighead
State
Arkansas
Latitude
35.7930728
Longitude
-90.6707302
3921 Stadium Blvd, Jonesboro, Arkansas

FAQs

What type of property is this?
Retail property - Arkansas Auto Shop: 15-Year NNN Lease
Where is the retail property located?
The property is located at 3921 Stadium Blvd Jonesboro, AR.
What is the asking price?
The asking price for this property is $5,444,621.
How can I contact the broker?
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3921 Stadium Blvd
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